Linde AG (LIN) Receives Average Rating of “Hold” from Analysts
Shares of Linde AG (ETR:LIN) have received an average recommendation of “Hold” from the twenty analysts that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is €191.83 ($228.37).
LIN has been the subject of a number of recent research reports. Sanford C. Bernstein set a €160.00 ($190.48) price objective on shares of Linde and gave the company a “neutral” rating in a research report on Friday, October 27th. Baader Bank set a €200.00 ($238.10) price objective on shares of Linde and gave the company a “buy” rating in a research report on Wednesday, October 25th. Deutsche Bank set a €210.00 ($250.00) price objective on shares of Linde and gave the company a “buy” rating in a research report on Monday, October 30th. UBS Group set a €230.00 ($273.81) price objective on shares of Linde and gave the company a “buy” rating in a research report on Thursday, December 7th. Finally, Nord/LB set a €156.00 ($185.71) price objective on shares of Linde and gave the company a “sell” rating in a research report on Monday, October 23rd.
Shares of Linde (LIN) opened at €193.10 ($229.88) on Friday. Linde has a 1 year low of €145.60 ($173.33) and a 1 year high of €195.55 ($232.80). The firm has a market cap of $35,870.00 and a PE ratio of 32.08.
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Linde Aktiengesellschaft operates as a gases and engineering company worldwide. The companys Gases division offers a range of compressed and liquefied gases, and chemicals for use in steel and glass production, chemical and food processing, environmental protection, welding, and electronics industries, as well as in the energy sector.
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